Tesla stock split

šŸ“Š Investing
493

Itā€™s still up for the day! Only 1.2% though, but it would take a year to get that in a bank! :wink:

494

just searched for Invest 1:2 leverage and didnā€™t find it so iā€™m unsure if iā€™ve just misunderstood when reading a topic.

@Richard.W @Joey_Fantana @laguiar CFD aside, is there such a thing as 1:2 leverage on the Invest platform? or was this something being discussed for near future?

495

Iā€™m not very savvy on the leverage side of things in general but are you maybe referring to the leveraged shares that have been added on Friday?;

496

Yes. Search for instrument with word ā€œleverageā€ in its name

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497

Just to note, I seem to remember that leveraged ETFs swap/re-set daily which means that in times of volatility, you could lose alot.

For example, if a stock varies +3 and - 3 (pretty much balancing) over several days you could lose alot of money. I cannot explain it, but research leveraged ETFs online and you will see.

498

Thanks guys.
I was just replying to @farida101 but wasnā€™t sure where iā€™d seen 1:2 leverage outside of CFD. @Richard.W posted how to find them on invest so this will likely assist farida to decide.

499

buy high sell low!.. always!

500

Thanks! I will look into it!

501

@Supraman @Cai-X @Hectares @Vedran

It was mentioned before, not only once:

502

Split has been done but Tesla & Apple current prices still showing $2214. & $499 is this an update glitch?

what will be the buying and selling prices if still displaying old prices on platform?

503

they show correctly for me, try refreshing/restarting

504

Trading212 team is so irresponsible

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This is the chat window snapshot captured on 12-Aug with one of their representative where they confirmed that I will be credited 0.5 share positions of buy/sell for every 0.1 positions I held.

I was under impression that its true and not bothered about looking any further details until yesterday.

I surprised to see they closed all fractional shares and booked huge loss on my account.

There is no communication from themā€¦ I wait until I close all open positions and get out from this platform. They send pop-up messages with all useless news, why they missed to send this important communication? Moreover their represetatives are totally crap and gives false informationā€¦

Stay away from Trading212 and choose some other better platformā€¦I

505

Hi @laguiar

Thanks for clarificationā€¦

506

Anyone else missing money post-split? edit: itā€™s in my pieā€¦ nvm

Alpha 507
1 Like
508

Tesla is at the (sell) equivalent of $2,346.70 now. Shouldā€™ve bought the dip!

509

Bought 2 Tesla stocks (CFD) after split at 445.9600 and has increased to 480.ā€”. Meaning I made some profit. Should I sell now as it seems to be decreasing or should I wait since a major decrease doesnā€™t seem likely either?

510

The video that @Alpha posted contained information about some major events for Tesla over the next few months.

If there is amazing news at these events then that might push the price up much further. However, I think the price already reflects high expectations, so even only good news might cause the price to drop.

The truth is nobody knows the right answer. Personally, Iā€™m risking it, with appropriate Stop Loss settings so I donā€™t lose too much of my gains if the price drops a fair bit.

511

Thanks! great tip :slight_smile:

512

How can you have a huge loss?

Completly agree with you.